Buying Power Then Vs - Now
In , a $100 shopping spree was a serious haul. Today, that same $100 only has about 25% of the purchasing power it used to. To buy what $100 got you in 1980, you’d need roughly $400 today . The Breakdown (Average Prices): Bread: $0.50 then ➡️ $1.93 now Eggs: $0.88 then ➡️ $4.95 now Gas: $1.13 then ➡️ $3.21 now
What do you think? Was it easier then, or are we just facing different challenges now? 🧐 buying power then vs now
Inflation is a natural part of growth, but it’s a reminder of why investing matters. Your cash needs to work as hard as you do just to stay in the same place! 📈 In , a $100 shopping spree was a serious haul
The purchasing power of our dollar has declined by 87% since 1970 The Breakdown (Average Prices): Bread: $0